Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today’s trading session we are monitoring USDJPY for a selling opportunity around 146 zone, USDJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 146 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 145.500 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 145.500 support and resistance zone. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 142 zone. USDJPY was trading in an uptrend and successfully managed to break it out, currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring USDJPY for a selling opportunity around 141.400 zone, USDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 141.400 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 142.000 zone, USDJPY was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching an important resistance area of 142.000. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 139.500 zone, USDJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 139.500 resistance zone. Trade safe, Joe.
Here is my view for USDJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
STRATEGY LONG The Japanese yen depreciated past 134.5 per dollar, sliding back toward its weakest levels in seven weeks as the Bank of Japan maintained its ultra-easy monetary policy and made no adjustments to its yield curve control. However, the BOJ said it will remove forward guidance that pledges to keep interest rates at current or low levels. Latest data...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.5 zone, USDJPY is trading in a downtrend and now seems to be in a correction phase in which it is approaching the major trend around 133.5 support and resistance zone. The recent USD data were all soft and signal a pause of rate hike from the federal reserve. Also...
Hey Traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 133.100 zone. USDJPY is trading in a downtrend and now seems to be in a a correction phase in which it is approaching the major trend around133.100 resistance zone. I would also keep an eye on tomorrow's CPI as it would be a good confirmation for new lows if it comes...
Hey Traders, USDJPY is forming a bear flag and now seems to be approaching an important weekly zone of 132 if we get a decent rejection i would target more lows. Fundamentally US data continue to print soft and signal no more rate hike from fed as inflation tensions are easing so the market is expecting more of a dovish upcoming monetary policies. JPY is...
Hey traders, USDJPY was trading in an uptrend but successfully managed to break it out as the environment of USD continue weakening. Fundamentally there are high expectations on a less restrictive monetary policy from the US as inflation tensions have eased. in a second point JPY is considered a safe haven with current banking sector crisis. Technically we will be...
Hey Traders, in the coming week we are monitoring USDJPY for a selling opportunity around 133 zone, USDJPY was trading in an uptrend and successfully managed to breakout the trend and now seems to be in a retrace phase. i would set 131.7 as a target if bears are confirmed as it's considered the next major Support zone USDJPY will be facing. Trade safe, Joe.
Hey Traders, USDJPY is trading in a descending channel and extending pullbacks seems to be approaching the channel resistance around 131.7 Supply and demand zone. if the rejection is confirmed i would set the channel support as a target around 127.500 zone. Fundamentally JPY is considered a safe haven with current banking sector crisis and BoJ monetary policy...
Hey Traders, USDJPY was trading in an uptrend, but after Friday's NFP data USDJPY managed to breakout the trend and now in a correction phase. i expect USD to be more weak in the short term until the release of CPI data by Tuesday so we can have a more clear vision of fed monetary policy. High CPI indicates more of a restrictive monetary policy so more of a strong...
Hey Traders, as DXY rejects 105 zone on the related idea we see a strong potential that USDJPY should breakout the uptrend, in case of this scenario i will be monitoring potential retrace short around 136 zone which got rejected multiple times in the past. Trade safe, Joe.
This video is part 3 of a series of videos today showing the entry criteria being met for USD/JPY short setup in the New York session. A micro-management video will be on the way as part 4.